Sumitomo Forestry, a prominent Japanese timber and construction firm, completed July 1, 2025, the acquisition of Teal Jones Louisiana Holdings and plans to launch its first timber industrial complex in the US. This complex may also include taking wood waste and turning it into mass timber. …In addition to outside purchasers, Teal Jones-Plain Dealing (TJPD) plans to supply product to its group operations, such as the Fully Integrated Turn-key Provider operations and its residential property and real estate development operations. Furthermore, the company plans to utilize the approximate 40 hectares of unused land on the site to manufacture and sell mass timber and wood products in preparation for future increased demand. “We are also considering processing wood chips and lumber residue generated from the manufacturing process into biomass power generation fuel, bio-refineries and other,” the company said.
See Sumitomo Press Release: Launch of our first overseas timber industrial complex with the group integration of a major US lumber company